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Archive for 17. Januar 2018

Embracing the New Age of Automation

Posted by hkarner - 17. Januar 2018

Christopher Pissarides

Christopher Pissarides, a Nobel laureate in economics, is Professor of Economics at the London School of Economics.

Jacques Bughin

Jacques Bughin is a director of the McKinsey Global Institute and a senior partner at McKinsey & Company.

With rapid advances in automation and artificial intelligence in recent years, many are worried about a jobless future and sky-high levels of inequality. But the large-scale technologically driven shift currently underway should be welcomed, and its adverse effects should be managed with proactive policies to reinvest in workers.

LONDON – Ever since early-nineteenth-century textile workers destroyed the mechanical looms that threatened their livelihoods, debates over automation have conjured gloom-and-doom scenarios about the future of work. With another era of automation upon us, how nervous about the future of our own livelihoods should we be?

A recent report by the McKinsey Global Institute estimates that, depending on a country’s level of development, advances in automation will require 3-14% of workers worldwide to change occupations or upgrade their skills by the year 2030. Already, about 10% of all jobs in Europe have disappeared since 1990 during the first wave of routine-based technological change. And with advances in artificial intelligence (AI), which affects a broader range of tasks, that share could double in the coming years.

Historically, job displacement has occurred in waves, first with the structural shift from agriculture to manufacturing, and then with the move from manufacturing to services. But throughout that process, productivity gains have been reinvested to create new innovations, jobs, and industries, driving economic growth as older, less productive jobs are replaced with more advanced occupations. Den Rest des Beitrags lesen »

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While Germany Slept

Posted by hkarner - 17. Januar 2018

Helmut K. Anheier is President and Professor of Sociology at the Hertie School of Governance in Berlin.

Many Germans may prefer the modesty and incrementalism that have characterized Angela Merkel’s past chancellorships. But a minority government forced to muster coalitions of the willing to address the critical issues confronting Germany and Europe could escape the constraints of such expectations, enabling much-needed reform.

BERLIN – Few people outside Germany are familiar with the caricature of themselves that many Germans hold in their minds. Far from the aggressive bully of twentieth-century war propaganda, the perfectionist engineer of Madison Avenue car advertisements, or the rule-following know-it-all of the silver screen, the German many picture today is a sleepy-headed character clad in nightgown and cap. Sometimes clutching a candle, this German cuts a naïve, forlorn figure, bewildered by the surrounding world.

This figure is not new. On the contrary, referred to as “Der deutsche Michel” or “the German Michel,” it was popularized in the nineteenth century as a character whose limited perspective causes him to shun great ideas, eschew change, and aspire only to a decent, quiet, and comfortable life.

But Michel has now made a comeback. And who can blame him? Germany now boasts a booming economy, near full employment, rising wages, and content unions. The financial crisis is long forgotten, public budgets are under control; and the 2015 influx of migrants has been relatively well managed. Den Rest des Beitrags lesen »

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Read this quote !

Posted by hkarner - 17. Januar 2018

„Sub-Saharan Africa, with many traditions fostering large families,
is growing by about 80,000 people each and every day.“

( „Complexity: The Evolution of Earth’s Biodiversity and the Future of Humanity“ by William C. Burger)

 

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